0
A check is considered money because a check is exchangeable to cash when submitted in a bank. And that is, provided the person who gave the check has enough money in his account to pay for the check that you have in hand.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Can a person claim money for checks dating back to 1999?
No. Checks that are older than 90 days (180 days in some countries) are considered stale or expired checks. They are checks that no longer carry a value and no bank would cash such a check. So, a check from 1999 is expired and there is no way you can get money for it.
Does home depot take money orders traveler check cashier check and certified checks?
No, Home Depot does not accept money orders, travelers checks, cashier checks, or certified checks. They do accept cash, debit, credit, and personal checks.
What is the difference between a personal check and a cashier's check?
== == Cashier's checks or Money Orders are certified checks because you must have cash to purchase these negotiable items, and these items are often insured by the issuing bank. Personal checks are not certified funds.
What is the Safest check to receive?
Cashiers check because it is made out to a specific person. Next might be money orders and then checks on the bank where you are cashing it.
Could be considered a crime a check given to secure a payday loan?
Checks given for payday loans are generally post dated. This means if the money is not there for the loan to be paid it is considered fraud and a crime. Also if the check is a rubber check or fake.
What are bad checks that customers have written?
Bad checks are checks that customers have written in payment of goods or services that, when presented to the bank for payment, are returned because there is not enough money in the customers account to meet the amount stated on the check. In some countries it is a criminal offense to write a bad check.
Is a check considered cash?
no way check not consider a cash because cash in form money and check is just only bank document page through we get access to our money.
What are the types of checks in the Philippines?
Types of checks in the Philippines are: Personal Check Certified Check Traveler's Check Crossed Check Anti Dated Check Postdated Check Cancelled Check Rubber or Bouncy Check Stale Check Defective Check Cashier's Check Money Order
What are the different kinds of checks?
The Different Kinds of ChecksPersonal Check· A personal check is the means for the checking account holder to pay the money. Most banks allow you to write as many checks as you want per month without a fee, but some banks set a limit on the number of checks per month and charge a fee if you exceed it. Business Check· Business owners can open business checking account and issue business checks. Business checks are similar to personal checks. The account owner pays for supplies, business expenses and payroll with business checks. Most banks charge monthly fees for business checking accounts. They can also limit the number of checks the owner can write per month. Cashier's Check· A cashier's check is a check by the bank on its own funds. The bank takes the money out of an account holder's account and issues the check from its own account. Businesses prefer cashier's checks for large purchases. Cashier's checks take less time to clear when compared with personal checks. Certified Check· A certified check is similar to a cashier's check. The bank withdraws the funds from the holder's account and places them into a separate account until the certified check clears. Some banks charge a fee for a certified check. Traveler's Check· Traveler's checks come in specific denominations and were convenient to use during trips before credit and debit cards have rendered them nearly obsolete. The bank can replace travelers checks fast if you lose them, but you need to order traveler's checks ahead of time, pay fees and get enough checks for the trip. Debit and credit cards have become a more convenient substitute for traveler's checks. Money Order· A money order is a form of a prepaid check. You can buy it at a financial institution or a post office, but you do not need to have an account there. Money orders are a convenient replacement for cash. Because you should not mail cash, you can purchase and mail a money order, which never expires. The limit on one money order is $1,000. The post office allows you to purchase up to $3,000 in money orders per day without a picture ID and charges a small fee for them.
Is cash and money the same thing?
yes no because money can be checks or debit cards
If you save your SSI AND NOT SPEND IT WILL YOU GET IT TAKEN AWAY?
If you don't deposit your SSI checks or cash them, then yes the checks can be cancelled and the money would be lost. But if you deposit the money into your bank or cash the check and save the money, then no, the money cannot get taken away.
Do you sign a cashiers check if you are the purchaser?
Cashiers checks, also known as tellers checks or bank checks, are signed by a representative of the bank, not the purchaser. Money orders are typically signed by the purchaser.
